Lilith A. Wood

Founded in 1999, McAdams Wright Ragen, Inc. (MWR) is a an SEC-registered investment advisor and broker/dealer located in Seattle, Washington. In July 2014, the firm was acquired by Baird Financial Corp., which is, in turn, owned by Baird Holding Co., which is owned by Baird Financial Group, Inc. MWR is comprised of a retail brokerage, an investment advisor, an institutional sales department, a research staff, a bond department and an agency stock trading desk. They offer am array of products and services for retail and institutional investors. Their research is based on the fundamentals. In assessing the merits of potential investments, their analysts provide analyses of management, earnings, growth potential, assets and other fundamental factors that influence the price of a security. MWR focuses on a broad spectrum of industries, geographies and investment styles.

Founded in 1982, Ragen MacKenzie Group, Inc. (NYSE: RMG) is a full-service brokerage firm headquartered in Seattle. They are an affiliate of Wells Fargo Investments LLC and a subsidiary of Wells Fargo & Co. (NYSE: WFC). With additional offices nationwide, the firm provides value-oriented, objective research. They focus on the following industries: aerospace, air freight, biotechnology, financial services, forest products, healthcare, insurance, manufacturing, retail, semiconductors, software, technology, transportation, utilities and other special situations. Ragen Mackenzie searches for companies nationwide that are undervalued in the marketplace and that demonstrate strong long-term fundamental characteristics, yet have not been recognized by the majority of investors. The firm is a member of the SIPC.